10 Hot Networking Startups In 2012

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Two-year-old Pica8 was spun out of server vendor Quanta in January 2012, and what's gotten it a piece of the spotlight is a virtualized switch that the company says can handle the workloads of comparable Cisco switches for about an eighth of the price. Pica8 builds physical switches using merchant silicon as opposed to ASICs, and it plans to enable open software that sits on top of those switches.